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World Federation of Development Financing Institutions (WFDFI)
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World Federation of DFIs Meets in Singapore
The
Board of Governors of the World Federation of Development Financing
Institutions (WFDFI) will convene in Singapore on September 18, 2006
to discuss matters on the operations of the organization and its
future directions. The meeting, to be hosted by the Singapore-based
ASEAN Bankers Association, will be held in conjunction with the IMF/World
Bank Meetings to be held in Singapore.
Members of the WFDFI includes: theAssociation of Development
Financing Institutions in Asia and the Pacific (ADFIAP), the Latin
American Association of Development Financing Institutions (ALIDE),
the African Association of Development Financing Institutions (AADFI),
and the Association of Development Finance Institutions (DFIs) in
the Member Countries of the Islamic Development Bank (ADFIMI).
The
World Federation was founded in Zurich in June 1979 at a UNIDO
development bank conference where AADFI, ADFIAP and ALIDE, jointly
with KfW of Germany signed an agreement to establish the WFDFI. By
the end of 1979, the WFDFI opened its Secretariat at the Instituto
de Crédito Oficial (ICO) in Madrid. To date, the Secretariat rotates
among member-organizations every two years. ALIDE currently serves
as the WFDFI Secretariat. Its Secretary General currently is Dr.
Rommel Acevedo.
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